Image: Hauke-Christian Dittrich (AP) Tesla’s latest round of layoffs have left both the auto industry and company stock holders shook. Falling sales have forced the automaker to cut 10 percent of its total staff. Its left broadsided workers confused as they try to make heads or tails of severance packages that look to be pretty … Read more
Costco is known for its massive warehouses full of bulk consumer products and well-priced appliances, but nestled between discounted 24-packs of paper towel and giant boxes of trail mix, you’ll find something even better; cars. New York Joins California, Banning Non-Electric Vehicles After 2035 Costco members are eligible for discounts on new cars, which is … Read more
Photo: Mark Ralston / AFP (Getty Images) There’s rarely ever data to back up the preconceived notions we all hold about how cars look, like how we’ve all been led to believe that police pull over red cars more often than others. However, the data paints an interesting picture when it does exist. Research shows … Read more
Good morning! It’s Thursday, May 2, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. The Hype Behind Tesla Stock Success In 2023 1st Gear: Elon Musk, Tesla Kill ‘Gigasting’ Manufacturing Process Tesla … Read more
Image: BMW Motorrad BMW calls the 15-horsepower 48 volt electric motor in the new CE 02 electric scooter an “externally excited air-cooled synchronous motor.” That’s a really fancy way of saying that the Motorrad division of the company raided the automobile side of the company’s parts bin for a current 3-series alternator and repurposed it … Read more
When you were a kid and you had a little radio control car that you zoomed around the kitchen floor or built jumps for in the back yard, did you throw it away when the batteries died? For many owners of early electric vehicles from a decade or more ago, that seems to be the … Read more
Calls to boost Jobseeker and youth allowance payments have been hosed down by Treasurer Jim Chalmers, who says he will look at other ways to help struggling Australians as he prepares his third budget. A dozen top economists have joined a growing chorus of voices in the community sector, academia and elsewhere urging the government … Read more
Auto loan debt is at an all time high. While some of the blame for that can be put on things like stubbornly high interest rates and ever increasing car prices, some folks just never learned the kind of financial skills required to make a smart car-buying decision. Take TikToker Blaisey Arnold, who recently revealed … Read more
Bernadette Joy is the CEO of Crush Your Money Goals Bernadette Joy generated $279,000 in earnings last year (Rs 2.3 crore), averaging about Rs 2 lakh monthly. This success stemmed from her venture, Crush Your Money Goals, originally conceived as a podcast detailing her journey with her husband to eliminate over $300,000 (about Rs 2.5 … Read more
Tax time is nearing, with the financial year ticking over on July 1, 2024. If you are lodging your own tax return, you need to do so by October 31. Every year, the Australian Taxation Office (ATO) focuses on areas where taxpayers are prone — either accidentally or deliberately — to make errors, director of … Read more
